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Probably not. Enron actually may have steered clear of violating any regulations. At the very least, the government lawyers were afraid to subject a jury to mon
by HWR_14 4y ago
Probably not. Enron actually may have steered clear of violating any regulations. At the very least, the government lawyers were afraid to subject a jury to months of accounting regulations and debates over not black or white issues. So they just made the case that the sum of all the actions was an accounting fraud. And they got the CEO/CFO/CFO's wife (who helped/would have gotten the Chairman, but he died and several others in jail for it.
I would put money that SBF is going to prison for decades -or- evades US prosecution by managing to avoid extradition.
- PubliusMI 4y ago
- indigodaddy 4y agoThanks. So is it expected than he will jet off to somewhere before being arrested? Justice Dept or whatever relevant agency should act quick shouldn’t they? But I guess the answer there alludes back to a sibling comment’s point of testing the Justice system against someone with such a wide swale of influence/connections..
- HWR_14 4y agoHe has been in the Bahamas for a while. Theoretically, the Bahamanian officials are keeping him from leaving the country. The US does have an extradition treaty with the Bahamas, but they have their own crimes they want to try him for first. It's possible he could beat extradition. I don't think that's likely, but it's certainly legally possible.